Question 1: In the wake of Citizens United and other related court decisions, what type of nonprofit organization can raise unlimited funds from individuals and corporations and use those funds for political campaign ads, as long as it does not collaborate directly with official political campaigns?

a. Benefit Corporations

b. 501(c)s

c. SuperPACs

d. Multinational corporations

Question 2: Codes consist of statutes that have been organized by topic.

a. True

b. False

Question 3: Which of the following statements is INCORRECT regarding the rights of shareholders?

1. Shareholders have voting power on major issues and ownership in a portion of the company
2. Shareholders have the right to transfer ownership and are entitled to dividends
3. Shareholders have the right to hire and fire management and select and appoint a chief executive

a. I and II

b. I, II and III

c. I only

d. III only